The west is in freefall – and the worst part is that we were warned, but chose not to listen | Owen Jones

The far-right party in Germany has won a significant state election, taking nearly 40% of the vote in Mecklenburg-Western Pomerania. This outcome is a symptom of a broader decline in Western societies, driven by the endless pursuit of wealth and power by leaders. The consequences of this trend are far-reaching, and it's likely to impact the economy and trade in the region. As European countries struggle with fiscal squeezes and social unrest, the stability of the European social model is at risk.

Why it matters

The pursuit of wealth and power by Western leaders has led to decline. The symptoms of decline are visible everywhere, indicating a potential downturn in Western economies.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

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